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The regulator is unlikely to harbor illusions about the ability of a one-year-old bankruptcy law  and an under-prepared tribunal to work through complex cases without hiccups. The RBI's taking a gamble, using its new resolution powers via an internal committee whose membership is also secret. This lack of transparency, however, could become a tool for detractors to question its objectivity. If the first batch of 12 troubled debtors stalls the judicial process, there'll be a question over the remaining play blackjack online for money $150 billion of stressed assets. And that kitty would swell if telecom loans joined the nightmare, as if a debt-to-Ebitda ratio of 56 years wasn't scary enough. This column does not necessarily reflect the opinion of Bloomberg LP and its owners. For 10 out of 12 companies that are publicly traded, the total debt adds up to $25 billion, according to data compiled by Bloomberg. For Essar Steel and  Bhushan Power & Steel, analysts peg the liabilities at $6.2 billion and $6 billion, respectively. That's hard to imagine, given the fiscal dimension. After all, selling assets below book value would cause losses, and may require the government to bring additional capital into state-run lenders.

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But Cosby's reputation remains in tatters, following a slew of sexual assault allegations from about 60 women that have destroyed the "America's dad" image he built as star of the long-running 1980s TV comedy "The Cosby Show." Constand's claim was the only one to lead to criminal charges, with many of the others dating too far back to allow for prosecution. The entertainer had no visible reaction in court. As news reporters streamed out of the room, several other Cosby accusers, some in tears, waited in line to hug Constand, who smiled broadly and maintained her composure. Outside the courthouse, as Cosby stood silently behind them, members of his team criticized the case against him. "This is what happens - juries are stuck when a prosecutor seeks to put someone in prison for things that are simply not presented in the courtroom," said Angela Agrusa, one of Cosby's lawyers. In a statement read aloud by one of Cosby's aides, his wife, Camille, who attended only a couple of hours of the trial, took aim at the prosecutors and the judge. "How do I describe the district attorney? Heinously and exploitatively ambitious," Camille Cosby said in the statement. "How do I describe the judge?

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Scottish trade association to run Inverness responsible gambling initiative Latest Casino and Gambling News , Sports betting , United Kingdom In บาคาร่า คือ the United Kingdom , the Association of British Bookmakers in Scotland is reportedly set to partner with leading sportsbetting operators Ladbrokes and William Hill to launch a responsible gambling education program in the northern Scottish city of Inverness. According to a report from the British Broadcasting Corporation (BBC), the proliferation of bookmakers in the working-class Merkinch district of Inverness has been a concern ever since William Hill was given permission to open the neighborhood’s third outlet in 2013. The decision was heavily criticized by For the Right Reasons, which is a local charity that offers support to recovering drug addicts, as it meant that the small area now offers around 30% of all the sportsbetting outlets in the city of approximately 47,000 inhabitants. The BBC reported that the coming program will see the Association of British Bookmakers in Scotland work with the charity and the operators and fund a campaign that will see posters and leaflets printed in English and Polish offering advice on how to gamble responsibly along with information on how to seek help. “Problem gambling in Scotland is low but it is an issue we take extremely seriously,” Donald Morrison from the Association of British Bookmakers in Scotland told the BBC. “Projects like this help to raise awareness about the support networks that exist for people with problems. I would encourage anyone with concerns about gambling, regardless of where and how they gamble, to take advantage of the counselling support available either in person or by calling the National Gambling Helpline.” The scheme is to also reportedly to involve the provision on Thursday and Friday of free confidential one-to-one support sessions at the Merkinch Welfare Hall open to any resident of Inverness while counsellors are to moreover make a presentation concerning the risks associated with problem gambling to senior pupils at Inverness High School. “We have had tremendous logistical support for this initiative from local community groups, particularly For the Right Reasons, and I am extremely grateful for the contribution they have made,” Morrison told the BBC. “This is the first project of its kind in Scotland and we hope we can roll out similar initiatives in neighborhoods and communities across Scotland.” Scottish trade association to run Inverness responsible gambling initiative was last modified: June 19th, 2017 by Adam Morgan

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